The new firm, led by Emmis Communications executives, could raise as much $230 million to buy one or more companies and take them public.
Emmis takes step toward diversification with $75M acquisition of sound-masking biz
The acquisition appears to be the first big step in Emmis CEO Jeff Smulyan’s goal to reinvent the longtime Indianapolis-based media company by entering new lines of business.Read More
Industry veteran Jeff Smulyan is pairing with a low-profile New York hedge fund manager once described as “the most important, least known man in TV.”
Broadcast executive Jeff Smulyan’s career-spanning commitment to Indianapolis earns him the distinction of being the 24th recipient of IBJ’s Michael A. Carroll Award.
For the third time in a decade, CEO Jeff Smulyan is making an offer for the outstanding shares of Emmis Communications Corp., which runs radio stations and magazines in Indianapolis and major U.S. markets.
Welcome to IBJ’s inaugural Interview Issue, featuring dozens of Indy bigwigs and up-and-comers. Which top banker escaped a tough neighborhood? How does a Democrat exist in an ecosystem of conservative talk radio? Who launched a soccer team and invented Schlabst? Check it out.
The purchase from YMF Media will bulk up Emmis' presence in the nation's largest radio market and is projected to double the company's radio station operating income.
An app that would allow smartphones to receive FM radio signals like a transistor radio has been hailed as a way to help stations recapture listeners who fled to Web-based music streaming services.
Jeff Smulyan has been considering a new plan to buy out other Emmis Communications Corp. shareholders—a deal that could clear the way for him to finally take the Indianapolis media company private. But Emmis’ founder and CEO insists he has no plans to do so.
A partnership of Herb Simon and Jeff Smulyan filed plans to buy up to an additional 1 million shares of Emmis Communications Corp. at no more than $2 apiece.
Alden Global Capital, a firm Emmis CEO Jeff Smulyan is suing for backing out of a deal to finance his efforts to take Emmis private, charges that a $200,000 loan Emmis made to pay his legal fees violates the Sarbanes-Oxley Act.
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
The CEO thinks Emmis could cast off some big-market stations, raising ample cash to pay off the company’s bank debt before it comes due in November 2013.
Emmis Communications Corp. CEO Jeff Smulyan’s JS Acquisition LLC is suing its one-time financier for backing out of a deal to take the Indianapolis-based media company private.
Congress is expected this fall to debate the idea of mandating the inclusion of tuners, a move that could boost the struggling radio industry.
Emmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in his attempt to purchase the company and take it private.